Chitrangi Power Project

Chitrangi Power Project is a 3,600 megawatt (MW) coal-fired power station currently under construction by Chitrangi Power Private Ltd, which was previously known as Madhya Pradesh Power Generation Private Limited, a wholly owned subsidiary of Reliance Power. The project is located at Chitrangi Tehsil, Singrauli District in Madhya Pradesh.

Reliance Power states that coal for the project would "be sourced from captive coal mines allocated to the company as well as from linkages which the Government may allocate for the project. The approval for using captive coal from the Sasan Coal mines located adjacent to the project has already been given by the Government of India."

The company states that the project would comprise 6 x 660MW super-critical units and is scheduled to be completed "towards the end of the year 2013". The estimated project cost is US$ 4billion. The company states that "the financial closure process for the project has already begun and it is expected that the project would be financed at a debt-equity ratio of 75:25."

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